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Industries
Enterprise Software
Cybersecurity
Company Size
501-1,000
Company Stage
Series F
Total Funding
$391.7M
Headquarters
Louisville, Colorado
Founded
2012
JumpCloud offers cloud-based directory services that help businesses manage user identities and access to IT resources like applications, networks, and devices from a single platform. It serves a variety of clients, including small and medium-sized businesses and larger enterprises, particularly in sectors that require strong IT security. The company operates on a subscription model with different service tiers, allowing clients to choose features that fit their needs and budgets. JumpCloud's goal is to simplify identity management and access control while enhancing cybersecurity for its users.
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Total Funding
$391.7M
Above
Industry Average
Funded Over
8 Rounds
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Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
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Remote Work Options
LOUISVILLE, Colo., June 10, 2025 /PRNewswire/ -- JumpCloud Inc. has partnered with Deel IT to simplify global device management. This collaboration helps businesses manage devices and security for employees worldwide.Managing IT for global teams brings unique challenges. Traditional methods struggle with outdated, centralized systems that can't adapt to diverse international operations and local regulations. Companies deal with problems such as:Time-consuming manual tasksComplex compliance rulesInventory issuesSlow onboarding for new international hiresIT teams can now conquer operational hurdles and security concerns with a powerful combined solution from JumpCloud and Deel IT, designed to streamline their workflows.Through this partnership, customers will gain key advantages, including:Receive ready-to-use devices: Your new devices arrive pre-configured with all necessary security settings and automated updates, enabling immediate and secure use.Your new devices arrive pre-configured with all necessary security settings and automated updates, enabling immediate and secure use. Benefit from day-one security compliance: You can be confident that all your devices automatically meet your security standards from the moment they're deployed, significantly reducing your risk exposure.You can be confident that all your devices automatically meet your security standards from the moment they're deployed, significantly reducing your risk exposure
đŠâđł How we use AI at Tech in Asia, thoughtfully and responsibly.đ§ââď¸ A friendly human may check it before it goes live. More news hereIndian grocery delivery startup KiranaPro has suffered a cyberattack that led to the deletion of its servers and sensitive customer data.Co-founder and CEO Deepak Ravindran confirmed the incident on June 3, 2025.The compromised data included app code, customer names, addresses, and payment details. Although the app is still online, it currently cannot process orders.The attack happened between May 24 and May 25. Hackers gained access to KiranaProâs AWS and GitHub root accounts, possibly using credentials from a former employee.The startup, launched in December 2024, serves 55,000 customers in 50 cities and is backed by Blume Ventures, Unpopular Ventures, and Turbostart.đ Source: TechCrunchđ§ Food for thought1ď¸âŁ Indian food tech sector has history of security vulnerabilitiesKiranaProâs breach follows a pattern of security incidents in Indiaâs food tech industry dating back several years.In 2017, Zomato suffered a major breach affecting 17 million user records when hackers compromised an employeeâs development account, exposing email addresses and hashed passwords 1.That same year, McDonaldâs India faced a similar crisis when a poorly configured server leaked approximately 2.2 million usersâ personal data, including names, email addresses, home addresses, and phone numbers 2.FreshMenu concealed a 2016 data breach affecting 110,000 users (exposing names, emails, phone numbers, and order histories) until it was revealed by security researchers in 2018, demonstrating the transparency challenges these incidents create 3.These recurring breaches highlight persistent security vulnerabilities in Indiaâs rapidly growing digital food services ecosystem, where user growth often outpaces security infrastructure development.2ď¸âŁ Former employee access management is a critical security blind spotKiranaProâs breach via a former employeeâs account exemplifies a common yet dangerous security oversight in startups.Research shows that properly implemented multi-factor authentication (MFA) can prevent up to 99.9% of account compromise attacks, yet many organizations fail to consistently enforce it across all accounts 4.Microsoft reports that over 1,000 password attacks occur every second, with 99.9% of compromised accounts lacking MFA protection, making access management a critical vulnerability 5.The breach demonstrates how startups often neglect to terminate access privileges when employees leave, creating persistent security gaps that hackers can exploit long after employment ends.This pattern of inadequate access management is particularly dangerous for early-stage companies like KiranaPro that handle sensitive customer data but may lack comprehensive offboarding security protocols.3ď¸âŁ Data breaches carry devastating financial consequences for startupsFor a startup like KiranaPro with 55,000 customers, the financial impact of this breach could be existential.Small businesses can expect to pay between $120,000 to $1.24 million to address a data breach in 2025, according to recent research â a potentially catastrophic sum for early-stage ventures 6.Beyond immediate recovery costs, breaches typically trigger long-term customer attrition, with 69% of consumers reporting they avoid businesses that have experienced security incidents 7.The average cost of a data breach rose to $4.24 million in 2024, the highest in 17 years, with small businesses being disproportionately targeted â 70% of cyber-attacks aim at smaller companies that often lack robust security infrastructure 7.These figures illustrate why cybersecurity experts consider data breaches to be potential âcompany killersâ for startups, where recovery costs can quickly exceed available capital and investor confidence is easily shattered
JumpCloud is making IT simpler with the acquisition of VaultOne.
JumpCloud's latest acquisition is VaultOne, which provides advanced PAM solutions for critical assets.
LOUISVILLE, Colo., May 20, 2025 /PRNewswire/ -- JumpCloud Inc. is making IT simpler with the acquisition of VaultOne. VaultOne delivers robust privileged access management (PAM) solutions providing secure access into a wide range of critical assets, ranging from SaaS applications to cloud infrastructure and databases. JumpCloud's acquisition furthers its goal to simplify IT operations across a secure access control platform for today's global workforce.Organizations need enhanced control and security of privileged resources. VaultOne enables security and IT teams as well as managed security service providers (MSSPs) to protect and monitor critical assets effectively by controlling and monitoring their access."We are continuously evaluating our customers' needs to extend JumpCloud into more areas where we can provide secure, frictionless access to resources, regardless of where the team or resources are located," said Greg Keller, chief technology officer and co-founder, JumpCloud. "The acquisition of VaultOne brings a deeply experienced team and established PAM technology into the JumpCloud family
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Industries
Enterprise Software
Cybersecurity
Company Size
501-1,000
Company Stage
Series F
Total Funding
$391.7M
Headquarters
Louisville, Colorado
Founded
2012
Find jobs on Simplify and start your career today